BERLIN / MUNICH / LONDON (IT BOLTWISE) – The German real estate market remains stable, despite slight declines in Munich and Berlin. While house prices in Munich fell slightly, Berlin recorded a decline in apartment prices. Overall, demand remains high and many cities are showing strong growth.
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The German real estate market has proven remarkably stable over the past year, despite economic uncertainties and global challenges. A current analysis by eXp Germany shows that property values in most major German cities have continued to rise. The development is particularly notable in cities such as Düsseldorf and Stuttgart, which recorded strong growth.
In Düsseldorf, house prices increased by 6.9% year-on-year, reflecting continued high demand and limited supply. Stuttgart followed with an increase of 6.5%, while Frankfurt also recorded solid increases of 6.2%. These developments underline the attractiveness of these cities for investors and buyers alike.
In contrast, Munich and Berlin recorded slight declines. In Munich, house prices fell by 1.7%, which can be interpreted as a correction after years of above-average growth. Berlin saw a 1.2% decline in housing prices, although there was a slight increase in the last quarter. However, these declines are marginal and reflect local adjustments.
The housing market in Germany remains dynamic, with cities like Dortmund and Dresden at the top. Dortmund saw the largest increase in apartment prices at 11.4% year-on-year, while Dresden was close behind at 11.1%. These developments show that despite market challenges, there is strong demand for housing.
Lars Pfeiffer, head of eXp Germany, emphasizes that the stability of the German real estate market is based on solid demand and a disciplined financing approach. The limited declines in Munich and Berlin are marginal and reflect local adjustments following periods of rapid appreciation. Overall, the market remains resilient and offers numerous opportunities for investors.
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